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Bessent says dropping oil prices before 2026 ends 'will depend' on Iran conflict

Treasury Secretary Scott Bessent on Sunday said oil prices could go down before the end of the year, but it will depend on the Iran war. NBC News's "Meet the Press" host Kristen Welker asked Bessent about the chances of lower prices by the start of 2027, adding President Trump's assertion that "this is his...

Sources (1)· Oct 18, 6:58 PM

Planet Security

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The Hill· Oct 18, 6:58 PMBessent says dropping oil prices before 2026 ends 'will depend' on Iran conflict

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‘Kristen, That’s Not True’: Scott Bessent Tussles With NBC Host On Russia Sanctions‘They continue to gorge on Russian energy’

Daily Caller3h agoWhole story →

Wright calls Trump's diesel deal a peace incentive. Rubio says Russia would sell anyway.President Trump's top aides offered sharply different explanations this weekend of his Russian diesel deal amid a barrage of bipartisan criticism calling the move a gift to Russia. Why it matters: Oil , gas and petroleum products help finance Russia's war on Ukraine, and Trump's moves are bringing rifts within the GOP just ahead of midterm elections.…

Axios3h agoWhole story →

Live updates: Obama condemns Omar investigation; Ukraine attacks St Petersburg oil depotFormer President Obama has weighed in on the federal government’s criminal investigation into Rep. Ilhan Omar (D-Minn.) over accusations of immigration fraud, accusing the Trump administration of targeting its political opponents. His remarks come nearly a week after federal agents raided Omar’s Washington, D.C., home and seized her phone as part of a…

The Hill4h agoWhole story →

Wright says Trump administration has not broken promise to lower gas prices amid Iran warEnergy Secretary Chris Wright on Sunday said the Trump administration has not broken its promise to lower gas prices as the Iran war stretches into its eighth month. CNN's Dana Bash asked Wright on "State of the Union" about his predictions early in the conflict that gas prices would decline "within weeks, not months," and,...

The Hill4h agoWhole story →

Trump’s Russia sanctions pause will pressure Putin to ‘tone down’ war in Ukraine: energy secretaryPresident Trump's decision to temporarily suspend sanctions on Russian diesel deliveries is actually putting more pressure on the Kremlin, Energy Secretary Chris Wright wildly claimed Sunday.

New York Post4h agoWhole story →

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